NOT LISTED FOR SALE

518 S Emerson St Mount Prospect, IL 60056

Estimated Value: $965,801 - $1,069,000

5 Beds
4.5 Baths
3,385 Sq Ft
$301/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $1,000,000 $295 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,109/month

7 Days on Market

Highlights

  • Newly Remodeled
  • Property is near a park
  • Vaulted Ceiling
  • Lincoln Middle School Rated 9+
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of May 2024

Experience the epitome of luxury and effortless living in this meticulously crafted 2-story home built in 2016 nestled in sought after Lions Park neighborhood. Revel in the convenience of a walk-to-train location, granting easy access to all the amenities of downtown Mt. Prospect, complemented by District 57 schools (walk to Lions Park elementary school and Lions Park District amenities) and Prospect High School. Stunning finishes and top-notch amenities featuring 5 bedrooms and 4.1 baths, this home is a haven of comfort and style. The main level has amazing space, offering an open concept layout highlighted by a central island kitchen, complete with oversized custom ivory cabinetry, Thermadore stainless steel appliances including double oven & cooktop, satin finish granite countertops, island with prep sink and stylish backsplash. The kitchen flows seamlessly into a spacious eating area with a butler's pantry + wine fridge and a cozy family room complete with a fireplace and access unto the outdoor patio. The main level includes a foyer entry, gracious dining room, a welcoming living room, a 5th bedroom currently being used as a 1st floor office, and mudroom with exterior access for all your practical lifestyle needs. Enjoy the warmth of two additional fireplaces, located in the living room and basement. The primary suite is a retreat unto itself, featuring his & her walk-in closets and a luxurious full bathroom with skylight, dual vanities, walk in shower & self cleaning jacuzzi tub. The 2nd level features an ensuite bedroom and 2 additional bedrooms with jack and jill bath. The finished basement adds versatility to the home, offering a full bathroom with a shower, a recreational room, a workout area, and ample storage space in the crawl space. Convenience is key with a second-story laundry room, equipped with additional cabinetry and a full-size washer/dryer. The 3 car (2 car tandem) attached garage provides additional access unto the backyard. Enjoy a private fenced backyard, complete with a brick paver patio and plenty of yard space for outdoor entertainment. All Marvin windows + zoned heat and air. With hardwood floors throughout the main and second levels, a striking staircase, and countless other upscale features, this home is a true gem awaiting its new owners.

Last Listed By

Violet Ostrowski

Keller Williams Thrive License #475141847 Listed on: 03/13/2024

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,270

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Lot Dimensions are 82x156
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Tandem Garage
  • Parking Space is Owned

Interior Spaces

  • 3,385 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Breakfast Bar
  • Laundry on upper level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet

Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom
  • Crawl Space

Location

  • Property is near a park

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Community Pool

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,270

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2016
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: Yes
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning, Gas Starter, More than one
  • Fireplaces: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, Second Floor Laundry, Walk-In Closet(s)
  • LivingArea: 3385
  • Room Type: Bedroom 5, Eating Area, Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished,Crawl
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room,Living Room,Basement
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • List Price: 999900
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Tandem
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned
  • Heating: Natural Gas, Forced Air, Zoned
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 57

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 82X156
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 17270.23
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 1, 2024
Sold by
Kuleszynski Anna and Kuleszynski Waldemar
Bought by
Barth Christopher T and Barth Molly C
Seller's Agent
Violet Ostrowski
Keller Williams Thrive
Buyer's Agent
Nancy Funteas
@properties Christie's International Real Estate
List Price
$999,900
Sold Price
$1,000,000
Premium/Discount to List
$100
0.01%
Total Days on Market
7
Views
77
Current Estimated Value
$1,017,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,950
Avg. Annual Appreciation
1.99%
Original Mortgage
$800,000
Outstanding Balance
$794,246
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$224,692

Purchase Details

Closed on
Feb 14, 2013
Sold by
Fergin Richard and Fergin James
Bought by
Anna Kuleszynski Waldemark and Anna Dobrzeniecka

Purchase Details

Closed on
Jun 16, 2003
Sold by
Fergin Richard L and Fergin Carmella D
Bought by
Fergin Richard L and Fergin Carmella D

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Barth Christopher T $1,000,000 Old Republic National Title
Anna Kuleszynski Waldemark $215,000 None Available
Fergin Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barth Christopher T $800,000
Previous Owner Kuleszynski Waldemar $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2024 05/16/24 Sold $1,000,000 0.0% $295 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $999,900 -- $295 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,270 $67,901 $12,874 $55,027
2023 $17,270 $67,901 $12,874 $55,027
2022 $17,270 $67,901 $12,874 $55,027
2021 $15,368 $52,650 $8,368 $44,282
2020 $15,118 $52,650 $8,368 $44,282
2019 $16,044 $58,500 $8,368 $50,132
2018 $13,400 $43,800 $7,080 $36,720
2017 $2,885 $9,405 $7,080 $2,325
2016 $2,499 $9,405 $7,080 $2,325
2015 $7,386 $25,412 $5,793 $19,619
2014 $7,261 $25,412 $5,793 $19,619
2013 $7,928 $27,770 $5,793 $21,977
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11986725

Midwest Real Estate Data (MRED)

APN: 08-12-309-020-0000